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HomeMy WebLinkAbout1998-021ORDINANCE NO % e �L/)49 AN ORDINANCE APPROVING RETAIL BASE RATE REDUCTIONS FOR TEXAS UTILITIES ELECTRIC COMPANY, PROVIDING AN EFFECTIVE DATE THEREFOR, APPROVING A MOST FAVORED NATION PROVISION, RATIFYING AND CONFIRMING THE ACTION OF CITY STAFF AND THE CITY'S OUTSIDE LEGAL COUNSEL IN INTERVENING IN PUBLIC UTILITY COMMISSION OF TEXAS DOCKET NO 18490, FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I On December 22, 1997, Texas Utilities Electric Company ("TUEC") filed with the Governing Body of this municipality a Petition and Statement of Intent ("Stipulation") to implement base rate reductions for its retail electric service customers within this municipality, which base rate reductions are components of a settlement reached among various parties set forth in the Stipulation and Joint Application for Approval Thereof ("Stipulation") filed with the Public Utility Commission of Texas on December 17, 1997 in Docket No 18490 SECTION II The said rate schedules implementing such retail base rate reductions are hereby approved as the rate schedules implementing such retail base rate reductions within the corporate limits of this municipality until such time as the rate schedules of Texas Utilities Electric Company may be changed, modified, amended or withdrawn with the approval of the Governing Body of this municipality SECTION III. The aforesaid rate schedules herein approved shall be effective beginning January 1,1998 SECTION IV. The filing of the rate schedules implementing such retail base rate reductions — being Rider RRD — Residential Rate Reduction, Rider GSRD — General Service Secondary Rate Reduction, and Rider RD — Rate Reduction — shall constitute notice to the consumers of electricity, within this municipality, of the availability and application of such rate schedules The three said rate schedules are attached hereto and are incorporated herewith by reference, SECTION V_ Nothing in this Ordinance contained shall be construed now or hereafter as limiting or modifymg in any manner the right and power of the Governing Body of this municipality under the law to regulate the rates, operations, and services of Texas Utilities Electric Company SECTION VI. Notwithstanding any other provision of this Ordinance, in relation to the attached rate schedules, the rates authorized for electric service in the City of Denton, Texas shall not exceed the lowest rates available to residents of any other municipality served by TUEC finally resulting from TUEC's filing of the Stipulation and any other appeals from City ordinances connected herewith SECTION VII The concept and methodology of depreciation shifting as advanced by TUEC, and contained in the Stipulation filed in PUC Docket No 18490 is questioned at this time by the City Council, which concept might impact upon the ratepayers of the City of Denton, Texas, resulting in increased costs of electric transmission SECTION VIII That the City of Denton in the interest of sound public policy has heretofore intervened in PUC Docket No 18490 on the 15th day of January, 1998, in order to receive all filings and in order to protect the interests and rights of the citizens and ratepayers of the City The City Council hereby ratifies and confirms the actions of City staff and the law firm of Lloyd, Gosselink, Blevms, Rochelle, Baldwin & Townsend, P C of Austin, Texas in filing the City's intervention in said proceeding on an emergency basis SSECTION IX It is hereby officially found and determined that the meeting at which this Ordinance is passed is open to the public as required by law, and that public notice of the time, place and purpose of said meeting was given as required SECTION X. That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the day of %luaw 1 , 1998 JA ILLER, MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY II APPR6YED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY BY UjA F \shared\dept\LGL\Our Documents\ordmances\Base Rate Reduction doc Tariff for Electric Service Texas Utilities Electric Company 31 Residential Service Sheet 7 Applicable) Cities Exercising Original Jurisdiction Page 1 of 1 Effective Oate January 1 1998 Revision Ongrnal 3.1.7 Rider RRD - Residential Rate Reduction Applicstlon Applicable to all customers receiving service under Rate R - Residential Service Rate RLU - Residential Low Use Service Rate RTU - Resi4leential Tim e-cf-Use Service, and Rate RTU 1 - Residential Time -of -Use Service If the Public Utility Commission has not acted by March 31, 1998, to approve or reject the Stipulation and Joint Application for Approval Thereof and Request for Immediate iteto Reductions ('Stipulation's Sled with the Commission in Docket No 18490, and the City has not approved this tarts schedule by March 31, 1998, the Company may terminate the base rate reductions and all other aspects of the Stipulation than or at any timsithereatler, upon giving the Commission and the City two weeks prior notice In the event the Commission does not approve the Stipulation, this tariff schedule will automatically terminate as of the date the Commission enters an order inconsistent with the Stipulation The provisions of the applicable rate schedule are modified only as shown herein Monthly Rate In accordance with the terms of the applicable rate schedule, except that this amount under the applicable late schedule, excluding t charges pursuant to RklerFC- Fuel Cost Factor, is reduced by 4% for all billings on or after January 1, ION, and 5 4% for all blUhVs on or after January 1, f 0 1997 Texas Utilities Electric Company Rate Schedules 114 Tariff for Electric Service Texas Utilities Electric Company 3 2 General Service Sheet 24 Applicable Cities Exercising Original Jurisdiction Page 1 of 1 Effective pate January 1 1998 Revision Original 3.2.24 Rider GSRD - General Service Rate Reduction Application Applicable to all customers receiving service under Rate CIS - General Service Secondary and Rate GTU - General Service Secondary Tlms4-Use Including any applicable riders If the Public Utility Commission has not acted by March 31 1998 to approve or reject the Stipulation and Joint Application for Approval Thereof and Request for Immediate Rate Reductions (-Stipulat on ) filed with the Commission in Docket No 18490, and the City has not approved this tariff schedule by March 31 1998 the Company may terminate the base rate reductions and all other aspects of the Stipulation then or at any time thereafter upon giving the Commission and City two weeks prior notice In the event the Commission does not approve the Stipulation this tariff schedule will automatically terminate as of the date the Commission enters an order inconsistent with the Stipulation The provisions of the applicable rate schedule, Including any applicable riders are modified only as shown herein Monthly Rats In acooMance with the term of the applicable rate schedule, except that the amount under the applicable rate schedule excluding the charges pursuant to Rider FC - Fuel Cost Factor, Is reduced by 2% for all billings on or after January 1,1998 0 1997 Taxes Utilities Electric Company Rate Schedules 29 23 Tariff for Electric Service Texas Utilities Electric Company 3 4 Other Sheet 18 Applicable Cities Exercising Original Jurisdiction Page 1 of 1 3.4.18 Rider RD - Rate Reduction Application Applicable to all retail customers receiving service under rate schedules other than those to which Rider RRD or Rider GSRD are applicable If the Public Utility Commission has not acted by March 31 1998 to approve or reject the Stipulation and Joint Application for Approval Thereof and Request for Immediate Rate Reductions ('Stipulation') filed with the Commission in Docket No 18490 and the City has not approved this tariff schedule by March 31 1998 the Company may terminate the base rate reductions and all other aspects of the Stipulation than or at any time thereafter, upon giving the Commission and City two weeks prior notice In the event the Commission does not approve the Stipulation, this tariff schedule will automatically terminate as of the date the Commission enters an order inconsistent with the Stipulation The provisions of the applicable rote schedule, including any applicable riders are modified only as shown herein Monthly Rate In accordance with the terra of the applicable rate schedule except that the amount under the applicable rate schedule excluding the charges puffusent to Rider FC -Fuel Cost Factor, Is reduced by 1% for all billings on or after January 1,19M For Rates RTP, RTP-I and RTP-I.1 the 1 % reduction Is applicable only to non -fuel related charges for all billings on or after January 1, 1998 ®1997 Texas Utilities Electric Company Rate Schedules 52 13